With banks in Denmark legally forbidding cryptocurrency trading, and tying up with several financial institutions to up their game in
the centralized currency world, Denmark seems a little far away from adopting decentralized currencies.
Not exact matches
China: «YuanCoin» Trial a Success Following the rise in popularity of the first blockchain - based
currency in the
world, i.e. Bitcoin, the People's Bank of China (PBOC) is getting closer to issuing its own, albeit
centralized, government - backed sovereign digital
There is no
centralized body governing the
currency trading market; instead, several governmental and independent bodies supervise forex trading around the
world.
«Virtual
currency is regulated by no central government agency in the
world, -LSB-...] and the lack of any [
centralized institution] makes public or private regulation of system almost impossible,» the document reads.